One former Federal Reserve trader is concerned that this longtime tailwind could soon morph into a serious problem for ...

Former Treasury Secretary Steven Mnuchin said he’s more alarmed by the country’s growing budget deficit than its trade ...

Gov. Gavin Newsom's budget plan walks back his promise to provide free healthcare to undocumented immigrants, caps overtime ...

By making budget cuts now, he seeks to avoid joining the list of ex-governors who left the state’s finances in disarray.

As Gov. Gavin Newsom presented his plan to fill a $12 billion deficit Wednesday, a large screen next to him blared two words: ...

While the city has resolved its budget deficits without layoffs since 2013, council members have not committed to the same outcome to address its $44 million budget shortfall this year.

The prime minister argues that when he was elected in May 2022, the most recent budget estimates released by Treasury during the campaign, forecast a deficit of $79.8 billion for 2021-22 ...

Higher tax payments and lower than expected government spending have put the federal budget on track to record a deficit about half the size of the $27.6 billion Treasurer Jim Chalmers forecast ...

Major interest groups allied with the Democratic Party criticized Gavin Newsom's revised budget proposal after it was unveiled last week.

Berkeley City Manager Paul Buddenhagen initiated a citywide hiring freeze Monday in order to help address a budget deficit heading into the next fiscal year. In an email to city employees ...

How a bill becomes a law in the Nebraska Legislature LINCOLN — Nebraska’s projected budget deficit grew to approximately $314 million Friday due to a combination of lower individual and ...

The freeze is meant to counter Berkeley’s budget deficit of almost $27 million. The 2026 fiscal year General Fund Budget that was adopted by the Council last year projected expenditures of just ...